Antifreeze Proteins Market Size, Share, Industry, Forecast and outlook (2024-2031)

Antifreeze Proteins Market is segmented By Type (Glycoproteins, Non-Glycoproteins), By Source Type (Fish, Plants, Insects, Recombinants (Bacteria, Fungi)), By Form (Solid, Liquid), By End User (Food & beverages (Diary, Aquaculture, Others), Healthcare, Cosmetics, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024 - 2031

Antifreeze Proteins Market Overview

[200 pages] Report on Global Antifreeze Proteins analyses the market size, shares, recent trends, competitive intelligence, and future market outlook. Antifreeze Proteins usage in reducing the freezing point of water is on the rise. Demand from medical infrastructure and Food & beverages in North America is spiking. Competitive rivalry intensifies with Sirona Biochem, A/F Protein Inc, Ingredion and others operating in the market.

Antifreeze proteins (AFPs) are particular proteins, peptides and glycopeptides made in different organisms for the survival of cells in sub-zero conditions. AFPs reduce the freezing point of water and avoid the growth of ice crystals in the frozen stage. Their ability to modify ice growth leads to the ice crystals’ stabilization within a given range of temperature and ice recrystallization inhibition which, during thawing, decreases the drip loss.

Antifreeze Proteins Market Scope

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Antifreeze Proteins Market Dynamics

The major factors driving the global antifreeze proteins market are an increase in the population, rising research and development expenditure and the increasing demand for antifreeze protein solutions in various end-user industries. An increase in novel product launches contributes to the growth of the antifreeze proteins market.

The rising demand for antifreeze protein solutions by various end-user industries and increasing technological advancements are expected to drive the market’s growth.

The rising demand for the commercialization of these antifreeze protein solutions for various purposes by major industries, including food and beverages, cosmetics and healthcare, the population growth, and the need for cryopreservation or organ transplantation is growing the antifreeze proteins market. An increase in population globally is also aiding the market growth. There has been an increase in R&D activities by many healthcare companies to develop novel products.

AFPs are found in numerous sources, such as plants, fish, bacteria, yeast, and insects. These AFPs can be widely utilized in various applications and have important industrial functions, including enhancing food's liquefying and freezing properties, the texture of ice cream, protecting frost plants, cryopreservation of tissues or cells and cryosurgery. These physical properties and applications of antifreeze proteins can be further analyzed to meet other industries. All these factors are fueling the market’s growth. Moreover, the increase in research and development of novel applications of these antifreeze proteins and the availability of technologically advanced products by key players are also expected to play a vital role in the market’s growth.

Various novel product launches, regulatory approvals and research studies contribute to the market’s growth. For instance, in July 20, 2022, ProtoKinetix, Incorporated, a clinical-stage biomedical company, announced that the University of Alberta has completed enrolment for Phase 1 clinical trial for the type 1 diabetes treatment in islet cell transplants. The molecule PKX-001 (AAGP) achieved primary safety objectives successfully. The trial continues by observing the latest patients enrolled in monitoring secondary objectives for the next 6-months.

The high cost of production and R&D expenditure is expected to hamper the market’s growth.

However, the cost associated with the research and development and production of these antifreeze proteins is very high, which may hinder the market’s growth. For instance, AF Protein sells 1 mg of antifreeze protein for $10. This is why low or middle-income countries can’t afford these products, which may lead to using alternatives.

The complexity of extracting these antifreeze proteins from plants and insects can also impact the market’s growth. Although these are derived from fish, plants and insects naturally, the low purity of these proteins, along with the high cost, are the major drawbacks.

COVID-19 Impact Analysis on Antifreeze Proteins Market

The pandemic has negatively impacted global financial expectations, operations and crisis response strategy. The COVID-19 outbreak has severely impacted the healthcare industry. The antifreeze proteins market has experienced huge losses due to COVID, as various research and clinical trials got postponed due to the increasing number of COVID cases. Various initiatives, product launches, innovations, collaborations and mergers are happening worldwide, boosting the market’s growth. For instance, in January 11, 2022, Unilever, an ice cream company, announced its novel 2022 portfolio offerings in four of its frozen novelty and packaged ice cream brands, including Breyers, Magnum ice cream, Klondike and Talenti Gelato & Sorbetto.  

Antifreeze Proteins Market Segmentation Analysis

The antifreeze glycoproteins (AFGPs) segment is expected to grow at the fastest CAGR during the forecast period (2024-2031)

The antifreeze glycoproteins (AFGPs) segment is the highest market holder in the global antifreeze proteins market. The global antifreeze proteins market is segmented based on type as antifreeze glycoprotein (AFGP), type I antifreeze protein (AFP), type II antifreeze protein (AFP), type III antifreeze protein (AFP) and type IV antifreeze protein (AFP). The antifreeze protein glycoprotein (AFGP) segment is the largest market shareholder due to its high demand and usage in several industries, rising adoption of these antifreeze proteins and increased research and development activities, which are expected to remain high during the forecast period.

AFGPs have a three amino-acid repeating sequence motif (Ala-Ala-Thr) along with a disaccharide linked to the threonine residue’s hydroxyl group. However, at the first residue position, there are sequence variations. Occasionally, the first Ala residue is substituted by a Thr, Pro, or Arg. Eight AFGPs (AFGP1-8) are named based on the number of repeating units. Antifreeze glycoprotein 1 (AFGP1) has around 50 repeating units, hence the molecular weight of about 33.7 kDa (highest), whereas AFGP8 has a 2.6 kDa molecular weight (lowest), with four repeating units only. Generally, the antifreeze glycoprotein’s antifreeze activities are proportionate to the number of these repeating units.

The growing number of regulatory approvals, technological advancements, product launches, and research/clinical trial studies drive the market’s growth. For instance, in June 22, 2022, Sirona Biochem Corp. announced its agreement with WuXi AppTec, a contract manufacturing organization (CMO) in Shanghai, for TFC-1326 small-scale production. TFC-1326 is a powerful active ingredient utilized against the skin’s aging effects.

Global Antifreeze Proteins Market Geographical Share

North America holds the largest market share in the global antifreeze proteins market.

North America dominates the global antifreeze proteins market, primarily due to its large population, excellent technological and medical infrastructure, and rising needs and advancements. The market is expected to grow at a relatively high pace during the forecast period due to expenditure on food and beverages in the US. The market’s significant size is attributed to the high medical expenditure.

Increasing expenditure on healthcare and raising awareness among people is also contributing to the market’s growth in this region. Advancement of products for various applications, including food & beverages, healthcare, cosmetics and others, increase in pharmaceutical establishment across the region, government approvals, and key players in the region are contributing to the growth of the antifreeze proteins market.

Moreover, the growing number of product launches is responsible for the market’s growth. Many key developments, regulatory approvals, technological advancements, collaborations, and agreements are taking place in this region. For instance, in May 12, 2021, ProtoKinetix, Incorporated, a clinical-stage biomedical company, announced its collaboration with IQVIA to enhance the development of AAGP in ocular conditions, particularly dry and wet forms of age-related macular degeneration and dry eye disease.

Antifreeze Proteins Companies and Competitive Landscape

The antifreeze proteins market is moderately competitive with local and global companies’ presence. Unilever, Kaneka Corp, Sirona Biochem, ProtoKinetix, Inc., A/F Protein Inc., InVivo, Omega Protein Corporation, ADM, Ingredion, SunOpta, and more. The key players are adopting various growth strategies such as product launches, mergers & acquisitions, partnerships, and collaborations, contributing to the market’s growth. For instance, in August 17, 2022, ADM, a sustainable human and animal nutrition, announced its strategic partnership with New Culture, an animal-free dairy company, to enhance the development and sales of alternative dairy products.

Unilever

Overview: Unilever maintains a competitive balance sheet that gives people proper access to equity and debt markets. It is a developer and provider of fast-moving consumer goods. Its product portfolio includes food, beverages, and home care products.

Product Portfolio:

Ice creams: Unilever found a way to develop healthier and tasty ice cream thanks to a new ingredient discovered. The novel ingredient is known as ‘ice structuring protein.’ This protein allows people to prepare ice cream and lollies, which are low in sugar, fat and calories and at the same time add more fruit.

The global antifreeze proteins market report would provide access to approx.: 45+ market data tables, 40+ figures and 200 (approximate) pages.